Prudential reviews

3.7

67% would recommend to a friend

(5,222 total reviews)
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Andrew Sullivan

60% approve of CEO

59% positive business outlook

Prudential has an employee rating of 3.7 out of 5 stars, based on 5,222 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Prudential employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzas industry (3.7 stars).

Reviews by job title

5K reviews
4.0
Feb 22, 2014
Recommend
CEO approval
Business Outlook

Pros

Mission focused on helping working savers and solving challenges runs deep. Executive leadership is beginning to focus on removing legacy inefficiencies / obstacles. Business mix is balanced and has many untapped growth-through-integration opportunities.

Cons

Many control functions and technologies (e.g. Lotus Notes) are stuck in the 20th century. Maintains an "old school" hierarchy and corporate culture borrowed from bankers brought in from the 80's / 90's. Acquired companies tend to not blend in easily or integrate fully with Corporate.

2.0
Jan 8, 2013
Recommend
CEO approval
Business Outlook

Pros

Name recognition. People are familiar with the name.

Cons

It was a glorified pyramid scheme. They leverage the lifelong relationships for a check. Their model is to have a rotating door of associates that bring clients to senior associates. They stress joint-work. What that essentially becomes is new people bringing their family and friends to veterans. The veterans ultimately keep your clients. Regardless of what they tell you, you're an insurance salesman. There is no incentive to, and they dissuade you from being a financial resource. All they want you to do is bring big clients to senior advisors and sell everyone else insurance. After 6 months only three of the 14 people on my team were still employed at prudential. You work full time hours and have part time status so that they don't have to pay you. It's a vulture culture.

3.0
Oct 24, 2008
Recommend
CEO approval
Business Outlook

Pros

The benefits are excellent and start from day 1. They do not require a triggering event like other companies I've interviewed with. The compensation is OK; you can get a paycheck from your draw account, but if that account runs dry, you end up in the hole because you still owe for your benefits. Overall, management support is pretty good. Managers are available to assist you with cases and so forth, as are veteran agents. The training and career development is outstanding. The first 10 weeks are spent getting trained and licensed. There are also abundant opportunities to earn free continuing education and support to earn professional designations. There is a culture of joint work, which means you see clients with senior agents to learn how they do things. Most of the time, commissions are shared, as is credit toward the mandatory checkpoints. The atmosphere is pretty good, too. FSAs tend to get along with each other and are supportive. The rest of the office staff is available to help solve problems and is also supportive of our goals.

Cons

This is not an easy job. The checkpoints involve a certain amount in annual premium, which are not always easy to make when you work with a veteran agent who takes a significant cut. Also in terms of veteran agents, some of them will use FSAs to do their prospecting and client service. Granted, sales from prospecting are generally shared, but service is not and it can take a lot of time and aggravation. Some of the veterans won't return client phone calls, so you're stuck taking them, getting an earful of yelling, and helping them anyway. This is also not an easy job if you have a family. Most of the successful FSAs tend to be single people, or if they're married, they have no kids or a stay-at-home wife. You are expected to work as long as you need to to make sure you've got your required minimum appointments, many of which tend to be in the evenings and on weekends. If work-life balance is important to you, this won't be a good fit. Management also tends to take ideas from other offices, which is fine, but there's little, if any, follow-through or troubleshooting if those ideas don't work out. FSAs are also expected to contribute financially to these projects, which is fine, but the return on investment is kind of low. For example, I spent $180 I didn't really have on mailing campaigns that netted no usable leads and lots of abuse. Then the focus went away from mailings and onto something else.

Viewing 82 - 84 of 5,222 Reviews

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